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Hair Salon & Barber Shop

Gateshead £10,000 Leasehold (fees apply) REF: NE1143

Location

The business is located on the first floor of a mid-terraced property in the centre of Felling just off Split Crow Road and Crowhall Lane.

The immediate area is as a mixture of retail, residential and commercial accommodation and there are free car parking facilities available nearby.

Business

This opportunity comprises a long established ladies salon and gent’s barber shop which has been placed on the market as the client wishes to retire. 

The business has been trading from this site for over 20 years and, as you would expect, has a very loyal customer base.  The salon is spacious and is currently configured to provide separate ladies and gents sections with additional communal space to the rear.  Dependent on the new owner’s preferences, the size of the unit would permit other services to be incorporated such as beauty treatments.  

This would be an ideal 1st time venture for a couple or partnership and viewing is recommended to appreciate the opportunity.

Premises

Comprises a self-contained first floor shop.

First Floor - (total floor area 90 sq.m. (970 sq.ft.)

Barber Shop

Salon Area

Store

Former sunbed room

2 x W.C.’s       

Trading Hours

Monday - Tuesday        9.00am – 4.00pm

Wednesday                              closed 

Thursday - Friday         9.00am – 4.00pm

Saturday                       8.30am – 3.00pm       

Staff

The business is currently owner operated.

Fixtures & Fittings

A full inventory would be made available prior to an exchange of contracts.

Services

Mains electricity, water and sewerage services are connected to the property.

Rates

We are verbally informed that the premises are assessed as follows:

Rateable Value £4,950

Rates free incentives may be available to new owners via the Local Authority, subject to status.

Tenure

We are verbally informed that the premises are held by way of a 10 year lease from 2013 at a passing rent of £312 per month.  We understand that a new lease is available interested parties should seek legal conformation of this.

EPC

Rating – G

 

 

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